In November, we were monitoring a bullish breakout in Ilumina Inc. $ILMN share price. It broke a rising triangle pulled back and respected the triangle as support, so we anticipated a bullish continuation towards 242.84, which was all-time-high.ILMN Daily Chart(click to enlarge)All-Time-High:- The daily chart shows consistently bullish price action. - We can also see the November/December bullish breakout and subsequent pullback.- The pullback respected the triangle resistance area as support, and price eventually kept rallying. - We can see that price pierced the 248.84 high.- If price pulls back, let's monitor the 230 area for support. Support at 230 would give the market even more confidence for the upside above 248.84. - At this point, only a break below 210 would open up the bearish outlook.